Express 2010 Annual Report Download - page 76

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EXPRESS, INC.
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY
(Amounts in Thousands)
Common Stock Additional
Paid-in
Capital
Retained
Earnings
Treasury Stock
Notes
Receivable Total
Shares
Outstanding Par Value Shares
At Average
Cost
BALANCE, February 2,
2008 ................. 78,212 $782 $ 660,550 $ (40,399) — $— $(5,643) $ 615,290
Net loss ............. — — — (29,036) — — — (29,036)
Distributions ......... — — (491,213) — — — — (491,213)
Issuance of restricted
shares ............ 288 3 (3) — — — — —
Repurchase of equity
shares ............ (361) (4) (20) — — — — (24)
Share-based
compensation ...... — — 2,072 — — — — 2,072
Repayment of notes
receivable ......... — — — — — — 10 10
BALANCE, January 31,
2009 ................. 78,139 781 171,386 (69,435) — — (5,633) 97,099
Net income .......... — — — 75,307 — — — 75,307
Distributions ......... — — (33,000) — — — — (33,000)
Issuance of restricted
shares ............ 336 3 (1) — — — — 2
Repurchase of equity
shares ............ (229) (2) (1) — — — — (3)
Share-based
compensation ...... — — 2,048 — — — — 2,048
BALANCE, January 30,
2010 ................. 78,246 782 140,432 5,872 — — (5,633) 141,453
Net income .......... — — — 127,388 — — — 127,388
Distributions ......... — — (141,995) (119,005) — — — (261,000)
Dividends paid ....... — — — (49,514) — — — (49,514)
Impact of Reorganization
(Notes 1 and 11) ........ — — (86,393) 87,216 — — — 823
Issuance of common
stock ............. 10,500 105 159,978 — — — — 160,083
Repurchase of equity
shares ............ (10) — — — — — — —
Share-based
compensation ...... — — 5,296 — — — — 5,296
Purchase of treasury
shares ............ (40) — — — 40 — — —
Repayment of notes
receivable ......... — — — — — — 5,633 5,633
BALANCE, January 29,
2011 ................. 88,696 $887 $ 77,318 $ 51,957 40 $— $ — $ 130,162
See notes to consolidated financial statements.
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